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प्रश्न
Distinguish between
Paper money and metallic coins
उत्तर
| Basis of difference | Paper money | Metallic money |
| 1. Definition | Paper money is the money that consists of currency notes issued by the government or the central bank of that country. | Precious metals or any other metal having high intrinsic value used as money are called metallic money. |
| 2. Developed | It was developed as a substitute of metallic currency. | It was developed before the development of paper money. |
| 3. Durability | Paper money is less durable. | Metallic money is highly durable. |
| 4. Portability | It possesses a higher degree of portability. | It possesses a lower degree of portability. |
| 5. Examples | Paper notes of Rs. 5, Rs. 10 etc. | Gold coins, silver coins etc. |
APPEARS IN
संबंधित प्रश्न
Convertible paper money and Inconvertible paper money.
Cheque is an optional money.
Convertible paper money and Inconvertible paper money.
Distinguish between Legal tender money and Non-legal tender money.
Distinguish between the following :
Paper money and Metallic coins.
Distinguish between the following.
Metallic Money Paper Money.
(b) current account
(c) recurring account
(d) fixed deposit account
Distinguish between :
Current deposits and Fixed deposits.
Distinguish between Any FOUR of the following :
Metallic money and Paper money.
Answer in brief.
Explain the definitions of Money.
Write Short Note.
Commodity money
Answer the following question
What are the different types of money?
Distinguish between -
Commodity money and metallic money
Give reason or explain.
Any commodity cannot act as money.
